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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche. And products started migrating online. In Pennsylvania, Rocket has number 1 market share. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?"

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Target’s Rapid Reset

PYMNTS

Target’s demographic is migrating online — and toward Amazon. They are increasingly seeing the upper-end of their prime demographic, a group PYMNTS titled bridge millennials. In the last four weeks alone, Target has expanded grocery delivery to California, Montana, New York, Pennsylvania and Maine.

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Emerging Restaurant Delivery Services Take Hold In Small Cities

PYMNTS

As Youngstown, Ohio, is near the Pennsylvanian border, the platform serves both Youngstown and a small portion of western Pennsylvania. Beyond online ordering and reservation booking, White plans to create a blog to feature restaurants. In addition, the service allows diners to make table reservations when the restaurant allows.

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Upscale UK Retailers Look To Land In US Market

PYMNTS

In anticipation of the store opening, it will also open a manufacturing plant in Northeast Pennsylvania, with plans of locating its headquarters in that area. percent fall in sales in November and December when online sales rose by 2.6 People now research online and then go to the store to buy,” he said. In the U.K.,

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How Urban Outfitters Was A Q1 Sleeper Success Story

PYMNTS

Urban Outfitters determined, by looking at the spend data on older millennial females, that there was possibly a largely under-pursued market for people who were less interested in being forever 21, and a lot more interested in just being fashionably 30. The Quiet eCommerce Mover. million square foot fulfillment center for $6.3

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How About Profits in the Branch of the Future?

Jeff For Banks

Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. And the rest of us are increasingly buying online. Jeff Note: The above article first appeared in the March-April 2015 edition of paBanker Magazine , a publication of the Pennsylvania Bankers Association.

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FI Highlight: S&T Bank

NCR

S&T Bank was founded in 1902 with a single location in Indiana, Pennsylvania and now provides a full range of financial services to families and businesses throughout the region, with locations across Pennsylvania, Ohio and New York. Although we have grown during the past 100 years, our core values remain.